WHILE a bullish end to 2003 appears remote with the KLSE Composite Index (CI) now on a six-day losing streak, the outlook for 2004 seems brighter than the way the market is finishing the year, according to a panel of fund managers and research heads.
They say strong economic fundamentals, improving corporate profits and huge amounts of liquidity will be key drivers of the stock market next year, but also note that the risk of high expectations not being met, a weaker US dollar and higher interest rates, could cause more than hiccups for stock markets worldwide.